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NOTE 18: QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
ThefollowingtablepresentsselectedunauditedfinancialinformationfortheeightquartersintheperiodendedDecember31,2015.Theresultsforany
quarterarenotnecessarilyindicativeoffuturequarterlyresultsand,accordingly,periodtoperiodcomparisonsshouldnotberelieduponasanindicationoffuture
performance.
Three Months Ended
March 31 June 30 September 30 December 31
(in millions, except per share data)
Year ended December 31, 2015        
Revenue $ 363  $ 405  $ 415  $ 309
Operatingincome(loss)(1) 90   79   88   (25)
Netincome 63   58   74   3
Basicearningspershare(2) $ 0.44  $ 0.40  $ 0.51  $ 0.02
Dilutedearningspershare(2) $ 0.43  $ 0.40  $ 0.51  $ 0.02
Year ended December 31, 2014        
Revenue $ 281  $ 323  $ 354  $ 288
Operatingincome 96   100   84   60
Netincome 68   68   54   36
Basicearningspershare(2) $ 0.48  $ 0.48  $ 0.38  $ 0.25
Dilutedearningspershare(2) $ 0.47  $ 0.47  $ 0.37  $ 0.25
(1) Duringthefourthquarterof2015,werecognizedanincremental$59millionchargeoverthethirdquarterof2015,relatedtoa
non-cashcharitablecontributionrecordedtogeneralandadministrativeexpenseonourconsolidatedstatementofoperations.Refer
to“Note12–Commitments and Contingencies ”foradiscussionoftheFoundation.
(2) Earningspershareiscomputedindependentlyforeachofthequarterspresented.Therefore,thesumofthequarterlyearningsper
sharemaynotequalthetotalcomputedfortheyear.
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